Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Cross Above Two Hundred Day Moving Average – Here’s What Happened

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.76 and traded as high as $18.90. Chesapeake Financial Shares shares last traded at $18.90, with a volume of 253 shares.

Chesapeake Financial Shares Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 0.65 and a quick ratio of 0.65. The stock’s 50 day simple moving average is $18.77 and its two-hundred day simple moving average is $18.76. The stock has a market cap of $89.40 million, a price-to-earnings ratio of 7.81 and a beta of 0.50.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its quarterly earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a net margin of 11.50% and a return on equity of 10.69%. On average, analysts forecast that Chesapeake Financial Shares, Inc. will post 2.45 earnings per share for the current fiscal year.

Chesapeake Financial Shares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Saturday, March 1st will be paid a $0.16 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.64 annualized dividend and a dividend yield of 3.39%. Chesapeake Financial Shares’s dividend payout ratio is presently 26.45%.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.